News

Apple reports best earnings ever, ships 6.4 million iPods

By LC Angell ● Tuesday, October 11, 2005

Reporting record fourth quarter and year-end financial results on Tuesday, Apple announced that it shipped more than 6.4 million iPods during the quarter, the 10th consecutive quarter of record iPod sales.

Apple’s net profit for the quarter was $430 million, or 50 cents per share, on $3.68 billion in revenue—the highest quarterly earnings and revenue in the company’s history. These results compare to a profit of $106 million and revenue of $2.35 billion last year. For fiscal 2005, Apple had a net profit of $1.335 billion on revenue of $13.93 billion, representing the highest annual net profit and revenue in the company’s history.

With today’s report of Apple shipping 6,451,000 iPods during the quarter—about 300,000 more than last quarter and approximately 4.4 million more than a year ago—the total number of iPods sold now stands at over 26 million.

In an SEC filing, Apple said all iPod models accounted for more than $1.212 billion in revenue during the quarter, an increase of 126 percent compared to last year. Apple’s “Other Music Products